Australian Retirement Readiness: When Can You Retire?
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Australian Retirement Readiness: When Can You Retire?
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The provided sources offer comprehensive guidance on retirement planning for Australians, primarily focusing on a document titled "When Can I Retire? Australian Retirement Readiness Guide" and referencing "Financial Deep-Dive." The main guide explores financial and emotional indicators of retirement readiness, outlining crucial Australian retirement age requirements like preservation age (60) and Age Pension age (67). It details the three pillars of Australia's retirement income system—Age Pension, Superannuation, and Personal Savings—and provides ASFA Retirement Standards for modest versus comfortable lifestyles. Furthermore, the source highlights common retirement planning mistakes and introduces Hudson Financial Partners as specialists offering comprehensive services, from assessments and strategic planning to transition management and ongoing support, using a real client success story to illustrate their approach.